History, 10.02.2020 23:03, nati5720

The United States' imports from 1945 through 1970 were more capital-intensive than its exports. One would have expected that the United States would have imported more labor-intensive goods and exported capital-intensive goods during this period. This phenomenon that occurred in the United States is known as the

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The United States' imports from 1945 through 1970 were more capital-intensive than its exports. One...